Answered: Angelinos are famous for making films.…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question

Angelinos are famous for making films. In this hypothetical scenario, you are the executive producer of a film project. You have the following work breakdown structure with time in months and cost in millions of dollars:

ID	IP	T	ES	EF	LS	LF	ST	NC
A	-	3.0	?	?	?	?	?	8.0
B	A	5.0	?	?	?	?	?	7.0
C	A	8.0	?	?	?	?	?	7.0
D	A	4.0	?	?	?	?	?	12.0
E	D	3.0	?	?	?	?	?	13.0
F	B,C,E	4.0	?	?	?	?	?	9.0

Note: IP - Immediate Predecessor: T = NT = Normal Time: ES - Earliest Start: EF = Earliest Finish: LS - Latest Start: LF - Latest Finish; ST = Slack Time: NC = Normal Cost.

(a)Based on the table, draw an AON project network with activities in circles. Specify activity times in the project network.

(b)Calculate ES, EF, LS, LF, and ST for all activities based on either the table method or the boxed AON method (choose only one method). Find the critical path. Identify the activity or activities with the most slack time.

(c)Find the total normal cost of the film. Find the normal cost on the critical path.

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